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Introduction for Korean Embassy October 2018

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Introduction for Korean Embassy

October 2018

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ASIAN RENEWABLE ENERGY HUB

The Premier Source of Green Hydrogen in Asia

10GW wind + 5GW solar combined with complementary generation profiles to give a capacity factor of ~70%.

High Capacity Factor

Up to 10GW of dedicated export capacity @ <US3cents/kWh. Can be developed in stages to grow with Korean, Japanese and other markets.

Large Scale and Low Cost

All planning & environmental approvals and land use rights will be secured in 2019. 100-year lease on land gives long term investment and energy security.

Shovel Ready in 2020

Lots of opportunities for Korean companies: infrastructure investor; supplier of wind turbines, PV equipment, electrical equipment; development of global hydrogen supply chain

Opportunity for Korean companies

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OUR CONSORTIUM

World Class Partners

Leading wind/solar developer from Australia.

Wind turbine manufacturer.

Australia’s premier university research institution.

Global RE Hub developer.

Australian financial institution.

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LOCATION

Unique Site: Resource, Planning, Available Land, Near Ports/Industrial Areas

Port Hedland +

Boodarie Industrial Park Port Dampier +

Maitland Industrial Park

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PROJECT LAYOUT

7,000 km

2

Site With Virtually No Neighbours (Google Maps link)

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FOUR YEARS OF DEVELOPMENT

Project will be Ready To Go in 2019

• 3 years of onsite wind and solar data already collected for resource confidence;

• Environmental and planning referral submitted in November 2017;

• Major Project Status granted by WA Government in July 2018;

• 100 year lease with WA Government signed in August 2018;

• Indigenous Land Use Agreement expected in 2019; and

• Environmental and planning approvals expected in 2019;

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WIND AND SOLAR = HIGH LOAD FACTOR

Windy at Night and Sunny During the Day. ~70% Capacity Factor

0 1000 2000 3000 4000 5000 6000 7000 8000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

MWh

Time of Day

Average Daily Forecast Output

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1,743 WIND TURBINES IN LONG ROWS WITH BIG SPACES

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35 BLOCKS OF SOLAR PANELS IN 3KM

2

ARRAYS

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PROJECT TIMELINE

Scalable, sequenced construction to match growth in offtakes (Pilbara electricity offtakes, global offtakes for green hydrogen, green ammonia etc)

Development

Design

1GW

2018 2020 2022 2024 2026 2028 2030 2032 2034

Pre-Construction

2GW

3GW

4GW

5GW

6GW

7GW

8GW

9GW

10GW

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Contact details

Website: www.asianrehub.com Twitter: @asianrehub

Andrew Dickson

[email protected]

+61418866470

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